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dezoksy [38]
3 years ago
15

he following standards for variable manufacturing overhead have been established for a company that makes only one product: Stan

dard hours per unit of output 8.2 hours Standard variable overhead rate $14.60 per hour The following data pertain to operations for the last month: Actual hours 2,875 hours Actual total variable manufacturing overhead cost $42,715 Actual output 150 units What is the variable overhead efficiency variance for the month
Business
1 answer:
denis23 [38]3 years ago
5 0

Answer:

See below

Explanation:

Firstly, we will calculate the standard hour

Standard hours = (Standard hours per unit × Actual output

= 8.2 × 150

= 1,230

Variable overhead efficiency variance

= Standard rate × ( Actual hours - Standard hours)

= $14.6 × (2,875 - 1,230)

= $14.6 × 1,645

= $24,017 U

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Which of the following states (conditions) does not describe an advantage associated with mass-marketing?
ipn [44]

Answer:

b. The wants and needs of individual customers can be more directly targeted

Explanation:

Mass marketing by definition "is the advertising or promotion of a product, good or service to a wide variety of audiences with the expectation of appealing to as many as possible". If we analyze one by one the options we have this:

a. A large pool of potential customers exists.

Thats one of the alternatives in order to use mass marketing in order to indentify potential customers.

b. The wants and needs of individual customers can be more directly targeted.

This one is NOT a method or a way to apply the mass marketing since that's a technique to classify the info from subjects.

c. Scale economies, if achieved, can generate the ability to charge low prices while still remaining profitable.

Thats one alternative that can be applied if we use mass marketing

d. Firms can still differentiate their brands from the competition through creative promotions.

That's one alternative since we can see and create potential customers with this alternative.

e. Scale economies (economies of scale) can potentially be obtained.

For this case is one of the options in order to apply mass marketing since "Economies of scale are cost advantages reaped by companies when production becomes efficient".

8 0
4 years ago
Now, assume that Addison’s savings institution modifies the terms of her account and agrees to pay 5.8% in compound interest on
love history [14]

Answer:

Addison will have $ 1,661 in her account in nine years.

Explanation:

This problem requires us to calculate value of our investment of $ 1000 dollars after nine years. The interest on the investment is 5.8% compounded annually.

This problem can be solved by using simple compounding formula given below.

Future Value = Present Value (1+interest rate%)^-period

Future Value = 1,000 (1+5.8)^9

Future = $ 1,661

5 0
3 years ago
On December 31, 2020, the Bennett Company had 105,000 shares of common stock issued and outstanding. On July 1, 2021, the compan
fredd [130]

$4.40 per share

Explanation:

The computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Weighted average of number of shares)

where,

Net income is $640,000

Preference dividend is $72,000

And, the weighted average number of share is

= 120,000

6 0
3 years ago
The interest rates for treasury notes are greater than for T-bills because of the longer maturity dates. A. True B. False
Brrunno [24]

Answer: true

Explanation:

7 0
3 years ago
Maxdime Inc. is an international automobile manufacturer that has decided to work on low-cost fuel efficient motorbikes. Foray I
luda_lava [24]

Answer:

The correct answer is B

Explanation:

Non-equity strategic alliance is the kind or type of the alliance which is established when two or more companies sign or agree a relationship which is contractual to the pool of their resources as well as capabilities together.

So, in this case, the automobile manufacturer, who decided to work on the low cost fuel, then the domestic automobile company which is grounded in China, willing to partner with the automobile manufacturer. It is an alliance which is non- equity strategy as they pool their capabilities and the resources.

5 0
4 years ago
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